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HomeMy WebLinkAbout0131 . ~ T~at Ia) In N~ tvent ot any b~each ot this mo~tga~e or detauit on the pwrt of th~ 111ort~~gor, or 10~ 1~ U?~ event any o[ ~aid ~ums ot money herein reftrred to be rtot promptly a~~i tully paid withie ten day~ n~at ~itee the same severally become due and payable, v~nthuut d~mand o~ not,cc, or ~c? ~n tl,e e~ent ea~A and ~v~ry th~ •t~pulatiorts. ~greemeets, co~d~t?ona ~nd covenants ot slid p~om~sao~y note and th~s inurtgaYe, any or eltber. ar~ not duly, promptly and fully per[o~med, discha~ged, executed, et[ectcl, compteted, compl~ed witti and ~b~dtd by, then. ~n e~ther o~ any such evenl, the suJ aggreRate aum m~•nt~nned ,n sasd promissory note then remaiNn~ unpud, with ~ntere~t accrued, and all moneya secured h.reby, shall becom~ dus and pa~•abl~ lorthwlth, or ther~- ~tter. at the option ot sa~d Mortgagee, as tully and completcly s.t it all ot the aaid ~Ulll~ OI f110/1!y W~M ON~l11~lly at~pulated to be pa~d on such day, a~ythln` ~e ~a~d pronussory oote, an~l or ~n th~s mortgi~e to th~ cont~ary not- w~thstanding; and thereupon or theteatter at the opti~~n ot sa,d blort~aaee. ~.•lthout not~ce or dem~n0. ~Wt at law ar tn equlty, th~retotors. or thereatter De`un. may be prosecuted aa ~t all moneys aecured hertpy had matu»4 prlor to its ~nstltution 7. Th~t fn th~ event thst at the Deginn~ns ot or at aay tlme pending any suit upon th4 mor:`ase. or to toreclwe it, oc to raform ft, and~or to entorce payment ot any claima hereunder, sud Mort~N ~ha1! ~pply to the court havin~ ~urf~dictton tAereot tor the appantment ot a Rece~ver, auch court ~hall forthwith appoi~t a Recelve~ ot said mortgaged prope~ty all and ~mgular, lncluding all and aingular the reet~. Income, prohta, tssues and nvenues trom whatever wurce derived, ea: h and e~•~ry ~f w•h~ch. ~t Oe~ng expres~ly undentood. l~ hereby mortgaged a~ it specl[ically set torth and descnbed i~ the ~r:,nt?ng and ~abendum clswe~ hereof. and ~ucA Recelver shall have a11 the broad end effect~ve fun~ti~ns anA ~~~~.~~r~ in anyw~~e entrusted by • court to a Rece~ver, and ~uch appo~ntment ahall be madc by auch cuurt es an adm~tted equlty and a matter o[ aa ~olute right to aald Mort~agee, ~nd without retercnce to the adequacy or tnadequacy ot the valu~ ot th~ prop- erty mort~aged or to ~'~e aolvency or insolvcncy ot uid I~1ortRaRor ~nd~or ot the detendanb, aad that auch renb, prohts, income, ~ssues and r~ti•enues she11 be a~~plied by such Recei~•er accordln~ to th~ If~n and/or ~qulty of ~ald Mortaa~ee and the practice ot ~uch courl. 8. It is understood ~and agreed that this mortgage is R~ven to secure. ~n add~t~on to the note or obGgation above descnbed any additional loans or tuture advances made w~thin tw~enty years trom date he~euf by the mortgagee to said mortgagors or any succesaor in tiUe ot said mortgagors ot the property hereby conveyed; prov~ded that the total u~paid balapce ot the indebtedness secured herebY .at any one t~me shaU not exceed the max~ u~r~,pri ipal amount ot v%n FIVE THOUSANDTWENTY- I WO Doltars ft ~~ULL.~~ 1, plus inter~+~~t~reon and any disbursements made by the mortQagee tor the pay- mrnt of taxes. levi~c or inturance on th ~d~aerty encumbered hereby, with interest on such disbursements. " ~Y II~T WITNES3 WHLR$OF, the sald Mart6a~oQ]~aa •xecuted thb mort~ass under aeal on t?~e ~lay and yeu Aerein tint abov~ ~rrlttea CQ~ 91~ned. ~ealed ~nd deUvee~cd ln the presence o!: /RFO ~ (SFAL) Rob rt it,t~_ (v (s~,) ~ ~ Mardell C. Smith BTA1'6 OF. ~RIL~A---- ST LUCI, r• COLTNTY OF... .......:.............E........-----.. i ~ron p.r„~y .p~~_...... RQb~.rt....Smi th_ and._ Mardel.l_._ C... ~Smi th, . hi s.wi fe of M.wM i .............3603._ NW._ 85 . Aye ..,...Coral_._ Spri ngs_,.. FL . 33065..__._ - . . to me well known and fcnown to me *.o he ~he ~qd~v~dual described ~n and who executed th~ fore`oin~ in~tru- ment, and uknowled~ed before me that . he....9executed the aame tor the purpo~er th~nin e~cprwsad. WITNESS my hand and oftlcW ch;,....~...31st y October r • .................•da ..~~;,-'~~t:. ~6 _.l.~~~~~,~~.~C.l./~/: _ , r oe,.n? A,ba~ ln.aa ror Ca~~r1Re; M. Can~t~b the County and 8t~b Afore~ald. r . - c_ , ~ ~ . - _ . My commt~aion espini: ~ ~ - ~r~ , ` ~ STATE OF-- ~ ' ~ . y~ . - _ . ~ ; ~J,; . sr. IUCIE----- - Sept. 26, 1976 . ~ , ~~f~~` ~ • . . . . . . COUNTY OF.. . ,+,Z1 Befor~ me peraonWy appeared r. and__...-••••-•••• to m~ w~ll lnrown ao4 known to me to be the....----•.....__ .......................Prrsdent and.._..._........_.».._.._............_..............._..............._......._. S~cr~tar~ respectirety ot N~ ¢orpontloa n~m~d tn the toretolnr itutrum~n~ aad known to me to bs th~ psnon~ who a~ ~uclf olIIe~rs of aald corpontloo. executed tAe aame; aad then aad th~» th~ wld ..............•...-••----....•-••_•-•......................._............-••••••--....-••-••_._.tad th~ WA ..........--•-------.,....._..dld aticewwl~~ b~for~ m~ Wt W4 tnstrument u the tree aet and desd of aald eorponuon by them n~p~ctlvety execut~d a~ such ottlc~r~ !or th~ purpose~ thtnin expres~ed: that the ~eal thersuruo sttached 1i th~ oorporst~ ~sal br th~m tn ilk~ capulty at- ttued: all tu~der authotlty In th~m duly veat~ Dy t2~e Board o! Dfrectors ot aald corporatlo~. WTPNt88 my hand aad otllcW wal thi~~--••-•--•...-------•---.day oi..._......__._ lY.._._ Q _ LEQ AN, ~ G~~ ` Notarp PubUc In and fot ~UCiF GQ~~ ~ tM C.ouatp ~d Stat~ wtorwtd. OGEk ~c0 tj COU~T ~ ~ty ao~aa~1~doa ~ptr.~: Cl RK ~Ri~i~~ *EC0~0 Vt liw i~ ~ ~~6 ~'~'20 9 ~ ~,~~n ~